CBI INFO & IRAQI DINAR NEWS

Central Bank: lower dollar sales at auction today

Central Bank: lower dollar sales at auction today

Sunday, 04 August / August 2013 14:08

[Baghdad – where]

Central Bank announced on Sunday sales decline of the dollar in the daily public auction after yesterday reached 188 million and 759 thousand dollars.

According to a statement of the bank has received all of Iraq [where] a copy of the “size of the amount sold by the bank at the auction of the dollar stood at Read more…

Maliki, Biden discuss the recent bombings in Iraq and emphasize “the importance of isolating the extremists”

Maliki, Biden discuss the recent bombings in Iraq and emphasize “the importance of isolating the extremists”

Posted, 04 August / August 2013

[Follow-up – where]

Prime Minister Nuri al-Maliki by telephone on Saturday with U.S. Vice President Joseph Biden, the security situation in Iraq.

The White House said in a statement today that “U.S. Vice President Joe Biden phoned, Iraqi Prime Minister Nuri al-Maliki to express Read more…

The need to achieve a balance in the money supply through the withdrawal of the Iraqi dinar

Economic Researcher calls for the need to achieve a balance in the money supply through the withdrawal of the Iraqi dinar

08/03/2013 12:00 AM

Accurate diagnosis of the weaknesses in the Iraqi economy
Baghdad – Hussein ثغب, the Tamimi
said economic researcher Edeid Xiaa Awad importance of maintaining the balance of the money supply in circulation through the withdrawal of the Iraqi dinar in excess of the needs of the local market and exchange rate stability. He pointed to the need to Toviralsjulh cash foreign currency necessary for Read more…

The fluctuation of the exchange rate of the Iraqi dinar led to rising commodity prices and food

Mahma Khalil: the fluctuation of the exchange rate of the Iraqi dinar led to rising commodity prices and food

02-08-2013 11:46 AM

Baghdad (news) .. Refer decision of the Commission of Economy and Investment Kurdistan Alliance MP Mahma Khalil, rising food prices and commodities fabricated to the failure of the government and the central bank and regulators ‘present and absent.’ said Khalil (of the Agency news): The high prices Read more…

Mohammed Saleh’s time to live a dilemma uncontrolled market and the year 2014 is not fit to replace the currency

Iraqi economist appearance of Mohammed Saleh’s time to live a dilemma uncontrolled market and the year 2014 is not fit to replace the currency

Posted  JULY 31, 2013

Economist Iraq the appearance of Mohammed Saleh decade live impasse uncontrollable market and the year 2014 is not fit to replace the currency
Interviewed by Abdul-Jabbar Khudair Abbas
returned talk these days of a new on deleting three zeros from the Iraqi currency against the backdrop of the withdrawal of Iraq from sanctions Chapter VII as to achieve Read more…

Lower central bank sales of dollar at auction Wednesday

Lower central bank sales of dollar at auction Wednesday

Wednesday, July 31, 2013 17:08

BAGHDAD / Baghdadi News / .. sales fell CBI from Atarfa auction sale and purchase of foreign currency, Wednesday, to 184 million and 883 thousand dollars, after it reached yesterday, 242 million and 786 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
According to a statement moved the Information Office of the Bank received / Baghdadi News / copy of it, that “the demand for the dollar Read more…

Central criticizes global report described Iraq’s economy

Central criticizes global report described Iraq’s economy

07/31/2013 (00:01 pm)

Baghdad / Range

The Central Bank of Iraq, yesterday, the stability of the exchange rate of the Iraqi dinar against the dollar in response to a report by the International Center for Development Studies talked about the “reality flopped in the Iraqi economy,” noting that its reserves of hard currency amounted to 70 billion at the end of 2012, while noting to promote tally Gold of 29.7 tons.
A statement by the bank said that Read more…

Fall of USD in Iraq has been anticipated by the economists

Fall of USD in Iraq has been anticipated by the economists

7.30.13

It has been presumed that the fall of economy or Iraqi dinar price is not a big concern now. After a few efforts and withdraw of the chapter VII sanctions, Iraqi dinar price has become stable to some extent. Read more…

Controversies on dinar ‘reform’ amongst the Iraqi officials

Controversies on dinar ‘reform’ amongst the Iraqi officials

7.30.13

Two Iraqi parliamentary committees monitoring fiscal policy in Iraq have held two contradictory positions on the Iraqi currency “reset” project, which would delete three zeros from the currency. Controversies were there regarding the feasibility of this project and some of the experts have opined that it will take a long to implement. Read more…

CBI: IMF report supports our goals in the liberalization of the foreign exchange market

CBI: IMF report supports our goals in the liberalization of the foreign exchange market

7.30.13

informed banking sources said that the report on the acts of the Executive Board of the International Monetary Fund last May endorsed the central bank’s target Iraqi central goal of liberalization of the foreign exchange market. Read more…

Ministry of Finance required to open windows for the sale of hard currency in all provinces

Deputy: Ministry of Finance required to open windows for the sale of hard currency in all provinces to support the price of the Iraqi dinar

30-07-2013 12:23 PM

Baghdad (news) .. Student member of the Finance Committee MP / National Alliance / Amin Hadi, the Ministry of Finance to coordinate with the Central Bank to open the windows sale of hard currency in all branches of government banks generality of the country so as to prevent the monopoly of selling to banks certain without the other. said Hadi (of the Agency news): that some banks civil trying to monopolize the sale of hard currency to their advantage, which led to increase in the dollar exchange rate against the Iraqi dinar, as a result of Read more…

Iraq: the start of procedures to delete 3 zeros from Alamlha

Iraq: the start of procedures to delete 3 zeros from Alamlha

Posted, July 29, 2013

BAGHDAD, Iraq (CNN) – said the Finance Committee representative in Iraq, said the central bank, according to the communications of the official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic, in a new development at the level of currency Iraq, which has suffered large waves of inflation and the decline in exchange rates.
It quoted “IMN” official member of the Finance Committee, Abdul Hussein al-Yasiri, saying that he is supposed to begin preparations necessary to delete Read more…

CBI Auction sell the currency continues to embezzling millions

CBI Auction sell the currency continues to embezzling millions

Created on Monday, July 29 / July 2013 10:18

Baghdad / Orr News

Senior political source confirmed that the game of high exchange rate of the dollar is still valid, especially that it is the third largest way to embezzling millions of dollars a day and distributed to partners of politicians and leaders of parties and blocs outstanding, as well as influential in government. The source said that “the so-called” auction sale of the currency “by the central bank is only a way to manipulate the market and to keep Read more…

Amendment of the law set the money smuggled limit of money laundering

Ibrahim stirrup: amendment of the law set the money smuggled limit of money laundering

29-07-2013 05:58 AM

Baghdad (news) .. A member of the Committee on the economy and investment MP / National Alliance / Ibrahim stirrup, that the adoption of amendment of the law set the money smuggled into the House of Representatives will support the national economy and reduce money laundering operations. said stirrup (of the Agency news): The members of the House of Representatives voted on the amendment of the law set money Read more…

Sinan Al-Shabibi (newsletter): Central Bank capable of dealing with

Sinan Al-Shabibi (newsletter): Central Bank capable of dealing with

7.28.13

Baghdad (newsletter).The Central Bank Governor Sinan Al-Shabibi said only the Bank that owns the possibility of dealing with inflation because of its cash flow. Read more…

CBI sells $ 216 million in a meeting Sunday

CBI sells $ 216 million in a meeting Sunday

28/07/2013 17:33

A slight increase in central bank sales of foreign currency in the second week sessions

Baghdad / Mesalla: the central bank auction record for the sale of Iraqi currency, Sunday, selling 216 357 000 million, compared with $ 201 968 000 million recorded in sat, on Saturday, a stable exchange rate at Read more…

Finance Committee Member: Iraq’s procedure to drop zeros from currency will start this year (2 articles)

Finance Committee Member: Iraq’s procedure to drop zeros from currency will start this year (2 articles)

7.27.13

Iraq: the start of procedures to delete 3 zeros from Alamlha the

BAGHDAD, Iraq – said the Finance Committee representative in Iraq, said the central bank, according to the communications of the official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic, Read more…

Higher sales of central bank dollar at auction Saturday

Higher sales of central bank dollar at auction Saturday

Saturday, July 27, 2013 16:20

BAGHDAD / Baghdadi News / .. sales rose Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency, on Saturday, to 201.968 million dollars, after being hit on Thursday, 151 million and 358 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
According to a statement moved the Information Office of the Bank received Read more…

CBI in a strong position and can maintain the value of the Iraqi dinar

CBI in a strong position and can maintain the value of the Iraqi dinar

07/27/2013 12:00 AM

Head of Mission of the International Monetary Fund (morning):
BAGHDAD – Hussein ثغب Tamimi
stressed the IMF on the need to adopt the process of economic reform and broad, as Usher strengths and imbalances in the joints Economic came in a report the Fund’s Article IV of 2013 on Iraq, which is the assessment annual appreciation on the part of the International Monetary Fund (IMF) to Read more…

Finance Committee Member says IQD exchange rate will improve soon

Finance Committee Member says IQD exchange rate will improve soon

7.24.13

Anticipating Financial Committee member MP, Kurdistan Coalition, Delair Qadir, Iraqi dinar exchange rate improved significantly against the US dollar after some measures have been taken by the Central Bank of Iraq and of the provisions of Chapter VII. Read more…